# ConXtech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/conxtech

- Industry: Construction
- Headquarters: Hayward, US
- Website: www.conxtech.com
- Total disclosed funding: $32M
- Latest round: Series D (Apr 9, 2015)
- Investors on record: 2

## About

ConXtech Inc. is a structural steel building systems provider, utilizing innovative prefabrication and modular construction techniques to enhance project efficiency and safety across various commercial sectors.ConXtech Inc. specializes in advanced structural steel systems, integrating prefabricated and modular construction methodologies. The company is headquartered in Hayward, US. It has raised USD 25.00 mn in its Series D funding round on April 9, 2015, led by Aramco Ventures. The firm has completed a total of 2 deals. The co-founders, Gilles Caussade and Joseph Ryan, have extensive backgrounds in construction and engineering, contributing to the company’s strategic direction and development.ConXtech specializes in providing advanced structural steel building systems, primarily through its proprietary ConX framing technology. This patented system integrates prefabrication and modular construction techniques, allowing for the design, fabrication, delivery, and erection of structural steel frames across various commercial sectors. The core offering aims to address the challenges of traditional construction methods by significantly accelerating project timelines, enhancing safety, and ensuring precision tolerances. ConXtech’s solutions are particularly beneficial for sectors experiencing rapid growth, such as data centers and medical office buildings, enabling clients to meet the increasing demand for infrastructure driven by technological advancements. The company's products and services extend to a broad range of clients, including general contractors, construction firms, and developers, and are deployed across multiple geographical markets, including North America, Europe, and Asia-Pacific regions.ConXtech generates revenue through direct business transactions with commercial clients, primarily structured as B2B agreements. The company's revenue model includes contracts for turnkey projects, where clients engage ConXtech for comprehensive services encompassing design, fabrication, and erection phases of construction. Transactions typically involve fixed-price contracts based on project specifications, with individual agreements tailored to the unique requirements of each client. The flagship ConX framing system, along with associated prefabricated components, forms a significant part of the revenue-generating portfolio. While specific pricing details are not disclosed, the financial framework is designed to facilitate efficient execution of large-scale projects, fostering long-term partnerships with key stakeholders in the construction industry.ConXtech aims to leverage its recent funding of USD 25.00 mn from its Series D round to enhance its product offerings and expand into new geographic markets. The company plans to develop new variations of its ConX framing system, targeting the fast-growing sectors of data centers and healthcare facilities by mid-2024. Additionally, ConXtech is looking to establish a presence in emerging markets in South America and Asia by 2025, capitalizing on the increasing demand for modular construction solutions.

## Funding rounds

- Series D, Apr 9, 2015, $25M — Aramco Ventures
- Series B, Dec 11, 2007, $7.1M — Columbus Nova Private Equity Partners

## Investors

- Columbus Nova Private Equity Partners (https://capitalatlas.ai/funds/columbus-nova-private-equity-partners) — Series B
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series D